My point is to prove that the entire program is a rip off and that Elon and Doge are doing good work. If anyone here is on social security your input will be beneficial. This will all be done off national average and the results will be posted here once done. I hope it helps someone or at least opens minds to how Governments are not good at investing your money. Of the which, I am sure you already know. But this will be shared with libs too. Numbers are facts and do not lie. Thanks in advance.
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The problem with just ending it is that people working are paying for the people who retired. I worked and paid in for those collecting before me, why should I starve?
However SS was not created to be your only income, it was intended to add to whatever else you have going on. Owning your own home free of a mortgage is a boon and so are Pensions, 401K, 403B, and IRAs, Other investments as well. Some old people have it going on financially.
The original intent was to help out no or low income earners to have some money for old age.
Those with middle class incomes or higher had pensions. Over time as pensions slowly went away social security and then 401k carried the larger burden of even carrying middle income earners through retirement years.
My Grandparents, both born in the 1890s, were getting around 50 bucks a month SS, but My gram had 1 pension, while my pop had 2. All in they had about 300-350 a month coming in circa 1970.